HighTower Advisors LLC Has $7.79 Million Stock Position in Capital Group Core Equity ETF $CGUS

HighTower Advisors LLC increased its holdings in shares of Capital Group Core Equity ETF (NYSEARCA:CGUS) by 12.8% in the 4th quarter, HoldingsChannel reports. The firm owned 193,659 shares of the company’s stock after acquiring an additional 21,997 shares during the period. HighTower Advisors LLC’s holdings in Capital Group Core Equity ETF were worth $7,791,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Pflug Koory LLC acquired a new stake in Capital Group Core Equity ETF during the fourth quarter worth approximately $25,000. First Horizon Corp acquired a new stake in Capital Group Core Equity ETF during the fourth quarter worth approximately $32,000. CoreCap Advisors LLC grew its stake in Capital Group Core Equity ETF by 41.0% during the fourth quarter. CoreCap Advisors LLC now owns 1,101 shares of the company’s stock worth $44,000 after purchasing an additional 320 shares during the period. Huntington National Bank acquired a new stake in Capital Group Core Equity ETF during the third quarter worth approximately $50,000. Finally, Hazlett Burt & Watson Inc. grew its stake in Capital Group Core Equity ETF by 28.5% during the third quarter. Hazlett Burt & Watson Inc. now owns 1,285 shares of the company’s stock worth $51,000 after purchasing an additional 285 shares during the period.

Capital Group Core Equity ETF Price Performance

NYSEARCA CGUS opened at $43.86 on Wednesday. Capital Group Core Equity ETF has a one year low of $34.67 and a one year high of $44.05. The business has a 50 day simple moving average of $41.22 and a 200 day simple moving average of $40.68. The stock has a market capitalization of $10.53 billion, a P/E ratio of 26.31 and a beta of 0.94.

Capital Group Core Equity ETF Profile

The Capital Group Core Equity ETF (CGUS) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in companies believed to have the potential for appreciation and\u002For dividends. CGUS was launched on Feb 22, 2022 and is managed by Capital Group.